Compliance with Model Code

TEMPLE BAR INVESTEMENT TRUST PLC

TRANSACTIONS IN A CLOSE PERIOD - LISTING RULE 15.5.1

Pursuant to LR15.5.1(4) the Company is satisfied that all inside information
which the Directors and the Company may have in the period leading up to the
announcement of the Company's final results for the year ended 31 December 2014
has previously been notified to PRNewswire (a Regulated Information Service).

Martin Slade
For and on behalf of Investec Asset Management Limited
Company Secretary

2 January 2015